Ulrich Leuchtmann, a Forex Analyst at Deutsche Bank, stated that if the Trump administration turns to sanctions after failing in its tariff policy, the dollar may lose its Global dominance. If the USA exerts economic pressure on other countries through sanctions, the cost of using the dollar in international Trade transactions will become too high. He said that the dollar would then lose its dominant position as a means of international payment. In the medium to long term, the dollar could also lose its dominance as a reserve currency. "The consequences could be a significant weakening of the dollar."